Students for Liberty Incorporated

Tax-deductible

Mc Lean, VA501(c)(3)EducationEIN 94-3435899Revenue $5.8M in FY2025

On file with the IRSstudentsforliberty.org1750 Tysons Blvd Ste 1500, 22102-4200 · Mc Lean, VATax-exempt since Feb 2009Publicly supported charity — 170(b)(1)(A)(vi)

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To educate, develop, and empower the next generation of leaders of Liberty.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 3,428 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $258K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$795K
to officers and key staff · 13% of spending
Top officer’s pay higher than 90% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $193K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$185K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.8M
+14% vs prior year
Spent
$6.3M
To programs
80%
Net assets
$1.7M
By yearFY2021–FY2025
Revenue
$5.8M
FY2025▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2021$4.0M
FY2022$6.8M
FY2023$5.7M
FY2024$5.1M
FY2025$5.8M
Expenses
$6.3M
FY2025▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2021$2.8M
FY2022$4.3M
FY2023$5.8M
FY2024$6.9M
FY2025$6.3M
Net assets
$1.7M
FY2025▼ -23%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.5M
FY2022$5.0M
FY2023$4.9M
FY2024$2.2M
FY2025$1.7M

From the FY2025 Form 990 (year ending April 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $5.1M Management & general 8% · $523K Fundraising 12% · $750K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $795K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$239,091Pt VII · Sec A
Dir of Devel
$190,153Pt VII · Sec A
Director of
$125,031Pt VII · Sec A
SR Director
$121,417Pt VII · Sec A
Director of
$119,355Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dr Wolf Von Laer’s $239K as CEO is at the 90th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Dr Wolf Von Laer$239,091$234,474$224,009$191,850$151,871
Kenneth Wagner$190,153$181,667$181,317$131,923—
Laura Cheplak————$169,950
Joshua Sanders$125,031$130,000———
Robyn Harberger$121,417$115,016$111,541$103,897—
Joshua Murdock$119,355$112,266$103,838——
Kyle Walker————$102,473
Josh Murdock———$95,943$79,977

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates, develops, and empowers young leaders for liberty.

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Provided by the organization

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3 programs · $3.8M · in their own filed words · FY2024
01

SFL conferences serve many purposes including giving students experience in organizing and networking. The main focus of every conference schedule is on education. Every conference covers both introductory and advanced material for students to learn about pro-liberty ideas at every level.

$1.9Mprogram expense
02

SFL'S emphasis on leadership development has been the key to the organization's success over the years. SFL teaches young people entrepreneurship, event planning, volunteer management, effective writing, public speaking and other skills that they can use throughout their lives and gives them experience applying these skills in building…

$1.6Mprogram expense
03

SFL provides in person and online educational trainings to its leaders and a wider audience of interested students. SFL also runs the learn liberty youtube channel with over 57.1m views and over 298,000 subscribers. Learn liberty is our resource for exploring the ideas of a free society.

$328Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$193K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.8M
Ln 12
Gifts and grantsLn 1h$5.7M
Investment incomeLn 3$77K
Fees for servicesLn 2g$22K
Money outPt IX
$6.3M
Ln 25
Programscol B$5.1M
Managementcol C$523K
Fundraisingcol D$750K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$302K
Total assetsLn 16$1.8M
LiabilitiesLn 26$185K
PeoplePt VI, VII
17
listed · VII A
PaidVII A5
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.7M
Noncash giftsLn 1g$53K
Fees for servicesLn 2g$22K
Investment incomeLn 3$77K
Other incomeLn 4–11$3K
Gains on assetsLn 7$314
Total revenueLn 12$5.8M
Assets in detailPt X, end of year
CashLn 1$300K
SavingsLn 2$2K
Cash and savings togetherLn 1–2$302K
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$22K
Total assetsLn 16$1.8M
LiabilitiesLn 26$185K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 522
VolunteersI 63,428
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$212K$302K
InvestmentsLn 11–13$1.8M$1.4M
Land, buildings, equipmentLn 10c$8K$6K
Total assetsLn 16$2.5M$1.8M
LiabilitiesLn 26$291K$185K
Net assetsLn 32$2.2M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$70K$70K
Pay of current officers, directors and key staffLn 5$358K$179K$125K$54K
Other salaries and wagesLn 7$986K$532K$116K$338K
Other employee benefitsLn 9$90K$43K$29K$18K
Payroll taxesLn 10$103K$51K$25K$27K
Legal feesLn 11b$290$290
Accounting feesLn 11c$14K$14K
Professional fundraising feesLn 11e$149K$149K
Other fees for servicesLn 11g$2.0M$1.9M$97K$63K
Advertising and promotionLn 12$150K$149K$617$37
Office expensesLn 13$140K$82K$5K$53K
Information technologyLn 14$29K$29K
TravelLn 17$1.2M$1.2M$10K$22K
Conferences, conventions and meetingsLn 19$691K$681K$10K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$287K$196K$76K$15K
All other expensesLn 24e$24K$9K$15K$310
Total functional expensesLn 25$6.3M$5.1M$523K$750K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.8M$6.3M−$506K$1.7M 990 PDF
FY2024 $5.1M$6.9M−$1.8M$2.2M 990 PDF
FY2023 $5.7M$5.8M−$43K$4.9M 990 PDF
FY2022 $6.8M$4.3M$2.5M$5.0M 990 PDF
FY2021 $4.0M$2.8M$1.2M$2.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $5,821,196 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,934,786$5,718,493
I-9 Program service revenuePrior year $23,359$22,378
I-10 Investment incomePrior year $147,791$76,913
I-11 Other revenuePrior year $6,588$3,412
I-12 Total revenuePrior year $5,112,524$5,821,196
I-13 Grants and similar amounts paidPrior year $108,799$69,613
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,854,938$1,537,927
I-16a Professional fundraising feesPrior year $40,250$149,287
I-17 Other expensesPrior year $4,916,819$4,569,878
I-18 Total expensesPrior year $6,920,806$6,326,705
I-19 Revenue less expensesPrior year −$1,808,282−$505,509
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,821,196 across 8 lines filed
VIII-1f All other contributions, gifts and grants$5,718,493
VIII-1g Noncash contributions (included above)$52,518
VIII-1h Total contributions, gifts and grants$5,718,493
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $22,378$22,378
VIII-3 Investment incomeExcluded from tax $76,599$76,599
VIII-7 Net gain or loss on sales of assetsExcluded from tax $314$314
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $3,412$3,412
VIII-12 Total revenueUnrelated business $3,412 · Excluded from tax $99,291$5,821,196
Part IX · Statement of functional expenses $6,326,705 across 18 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $69,613$69,613
IX-5 Pay of current officers, directors and key staffPrograms $179,224 · Management $125,456 · Fundraising $53,766$358,446
IX-7 Other salaries and wagesPrograms $531,704 · Management $116,233 · Fundraising $338,249$986,186
IX-9 Other employee benefitsPrograms $43,413 · Management $28,616 · Fundraising $18,349$90,378
IX-10 Payroll taxesPrograms $50,522 · Management $25,322 · Fundraising $27,073$102,917
IX-11b Legal feesManagement $290$290
IX-11c Accounting feesManagement $13,650$13,650
IX-11e Professional fundraising feesFundraising $149,287$149,287
IX-11g Other fees for servicesPrograms $1,881,712 · Management $97,356 · Fundraising $62,978$2,042,046
IX-12 Advertising and promotionPrograms $149,255 · Management $617 · Fundraising $37$149,909
IX-13 Office expensesPrograms $81,653 · Management $4,646 · Fundraising $53,462$139,761
IX-14 Information technologyPrograms $28,606$28,606
IX-17 TravelPrograms $1,151,633 · Management $9,555 · Fundraising $21,663$1,182,851
IX-19 Conferences, conventions and meetingsPrograms $681,077 · Fundraising $9,823$690,900
IX-22 Depreciation, depletion and amortizationManagement $2,200$2,200
IX-23 InsuranceManagement $8,496$8,496
IX-24 Other expenses (24a–d)Programs $195,514 · Management $76,424 · Fundraising $15,164$287,102
IX-24e All other expensesPrograms $9,194 · Management $14,563 · Fundraising $310$24,067
IX-25 Total functional expensesPrograms $5,053,120 · Management $523,424 · Fundraising $750,161$6,326,705
Part X · Balance sheet $1,846,915 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $210,016$299,542
X-2 Savings and temporary cash investmentsStart of year $2,283$2,104
X-3 Pledges and grants receivableStart of year $9,229$50,203
X-9 Prepaid expenses and deferred chargesStart of year $377,749$91,837
X-10c Land, buildings and equipment, netStart of year $8,433$6,233
X-11 Publicly traded securitiesStart of year $1,832,928$1,374,671
X-15 Other assetsStart of year $16,564$22,325
X-16 Total assetsStart of year $2,457,202$1,846,915
X-17 Accounts payable and accrued expensesStart of year $90,715$185,433
X-26 Total liabilitiesStart of year $290,715$185,433
X-27 Net assets without donor restrictionsStart of year $1,237,755$1,142,340
X-28 Net assets with donor restrictionsStart of year $928,732$519,142
X-32 Total net assets or fund balancesStart of year $2,166,487$1,661,482
X-33 Total liabilities and net assetsStart of year $2,457,202$1,846,915
Part XI · Reconciliation of net assets $1,661,482 net assets at year end
XI-1 Total revenue$5,821,196
XI-2 Total expenses$6,326,705
XI-3 Revenue less expenses−$505,509
XI-4 Net assets at start of year$2,166,487
XI-9 Other changes in net assets$504
XI-10 Net assets at end of year$1,661,482

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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